Entering into financial agreements as a business is an important decision. In fact, financial decisions are some of the most important business decisions that are made every day. What happens to a business that enters into a financial transaction with another party? What liabilities exist, and what … [Read more...]
UCC Filings for Your Business – Everything you Need to Know
Recourse Factoring and How it Can Benefit Your Business
When it comes to debt collection and unpaid invoices, there are many ways a business can collect what is owed to them. Businesses can attempt to collect debt internally, putting a lot of time and resources into establishing processes and procedures, or they can use a debt collection agency that … [Read more...]
Debt-Service Coverage Ratio: A Useful Financial Measurement for Assessing Future Debt Recovery
Debt-service coverage ratio (DSCR) is a vital corporate finance tool. It’s how lenders measure an organization’s available cash flow to pay off debt obligations, essentially a credit score for a business. Even governments use DSCR to determine other countries’ ability to pay for the goods it … [Read more...]
Top 5 Ways To Collect On Past Due Commercial Debts
When a client does business with you, you expect to be compensated for your product, labor or services. Most clients do pay. But what happens when a client does not pay or pays very late? Fortunately, you have options at preventing non-payments and debt collection solutions for recovering money owed … [Read more...]
What Are The Warnings Signs Of Businesses Not Paying Invoices
Doing business with others means occasionally putting up with a late payment as a fact of life, but it doesn't mean that you should let your own accounting suffer. If you invoice customers for products or services, you should look for warning signs that a business late on paying may be a symptom of … [Read more...]
